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EUR/USD lifts to reach new 2024 high and tests major technical level at 1.1064

A short while ago the EUR/USD lifted above the then current 2024 high, at 1.1054. The move has not extended that far yet and that could be due to an important long-term level, at 1.1064. That is the 200 week moving average and it is pressing on it right now.. The high set a moment ago was at 1.1065. In terms of technical levels above 1.1064 there is not much to note really and certainly nothing much standing in the way of it pressing higher, if that level does give way, remembering the 2023 high was set very late last year at 1.1139. The EUR/USD is just now trading at 1.1063 
 

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